All articles by Verdict Staff

Verdict Staff

Unicredit Leasing says turnover could rise 10%

In an interview with Italian business daily Il Sole 24 Ore, Massimiliano Moi, ceo of Unicredit Global Leasing, said that the company is not facing liquidity problems and that despite a further slowdown forecast for the Italian economy, he doesnt expect that this will negatively affect Unicredit Leasings activities.

Porsche to supply fleet to Romanian Post

Porsche to supply fleet to Romanian Post Porsche Mobility Co., the Romanian leasing arm of Porsche Bank Group, has won a tender to supply the Romanian Post (CNPR) with 727 vehicles.

OTP Bank sells Slovakian leasing unit

OTP Bank sells Slovakian leasing unit The Hungarian bank, OTP Bank, has announced that it has sold its Slovakian leasing unit to Credium, a Czech company wholly owned by Frances SOFINCO, for an undisclosed price.

Volkswagen offers credit facility to LeasePlan

Volkswagen offers credit facility to LeasePlan Volkswagen AG has provided a 1.5 billion credit facility to vehicle management and leasing company LeasePlan, available for immediate use

Henry Howard adopts new business-sourcing model

Henry Howard adopts new business-sourcing model SME lessor Henry Howard Finance has launched a new sales arm in a move that radically alters its business plan.

MAN FS sees Russian growth

MAN FS sees Russian growth MAN Financial Services has financed 5,500 units in Russia during the year to the end of August 2008, having entered the country 12 months ago

CIT in capital raising drive

CIT has strengthened its capital-raising plan as it looks to become a bank holding company in order to access federal lending programmes and ease the pain of losses suffered during 2008.